Another deregulation step

Another deregulation step

The government has announced new deregulation measures that
are designed to improve Indonesia's competitive stance in the
midst of the tide of globalization. This is to answer the
challenge of consistently implementing the WTO, AFTA and APEC
agreements.

Among the most noteworthy points are the steps that are being
taken to facilitate exports. The requirements and procedures for
obtaining certificates of origin for goods will be eased and the
inspection requirement for goods destined for export will be
waived.

It is hoped these and other measures will make our export
products more competitive and thus have a positive impact on our
balance of payments. Nevertheless, it must be borne in mind that
boosting the quality of export goods is not an easy task. For
that reason, any deregulation measure which lacks the drive and
readiness of the officials directly involved in will have no
meaning whatsoever.

The June 1996 deregulation measures reflect the government's
sincerity in this matter, and, at the same time, provide some
fresh air and a conducive climate for investment.

-- Bisnis Indonesia, Jakarta